3RD FLR RR, 27, KNIGHTSBRIDGE, SW1X 7LY
Offices and premises Decided 11 March 2026 CHG101173588 Ryan
Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (3RD FLR RR, 27, KNIGHTSBRIDGE, LONDON SW1X 7LY). Every property is listed below.
The 2 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| 3RD FLR RR, 27, KNIGHTSBRIDGE, LONDON SW1X 7LYThis appeal | £275,000 | £237,500 | £262,500 | Allowed in part |
| 5TH FLR, 27, KNIGHTSBRIDGE, LONDON SW1X 7LY | £520,000 | £445,000 | £497,500 | Allowed in part |
What was argued and what the tribunal found
The appellants argued that the RV rates of £700/m² were excessive for the two office floors at Knightsbridge and proposed a rate of £600/m². The tribunal accepted that an adjustment was required to reflect fit-out periods in the lease analyses, particularly noting the 5th Floor was a new letting dated 11 March 2021 (days before the AVD) at an analysed rent of £667/m². The tribunal determined that an unadjusted rate of £665/m² was reasonable for both properties, allowing the appeals in part and reducing the 3rd Floor RV to £262,500 and the 5th Floor RV to £497,500.
Summary generated from the decision text and checked against it. The appellant was Aralon Advisory Services Limited and Signet Capital Management Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Valuation method
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner and Theobald LLP v David Jackson
- Hearing
- 13 February 2026
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